> 3456789: l \pThe Free Software Foundation B=PF0*8X@"1 Helvetica1Courier1Courier New1Courier New1 Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)**_($* #,##0_);_($* (#,##0);_($* ""_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* ""_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* ""??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* ""??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)60%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0) + ) , * Ј ~~ ؈ ~~#؈ ~~ ؈ ~~8#܈ ~~<#܈ ~~4#܈ ~~3#܈ ~~7#܈ ~~83ffff̙̙3f3fff3f3f33333f33$CBS CORPORATIONINDEX TO FORM 10Q&8Unaudited in millions except pe1YUnaudited in millions&jUnaudited in millions excep (1) Unaudited in millions (1)&<Net Earnings Loss per Common Sh i2 STOCKBASED COMPENSATION&BTabular dollars in millions exc&4 PROGRAMMING AND OTHER INVENTOf
Viacom Inc 6 BANK FINANCING AND DEBT&07 PENSION AND OTHER POSTRETIREM&CAccumulated Other Comprehensive&}WAccumulated Other Comprehen (1)k9 INCOME TAXESl10 RESTRUCTURING CHARGES#10 RESTRUCTURING CHARGES (1)&Tabular dollars in millions (1)&ĶTabular dollars in millions (2)&Tabular dollars in millions (3)&M12 SEGMENT AND REVENUE INFORMAT&12 SEGMENT AND REVENUE INFO (1)&Tabular dollars in millions (4)&Tabular dollars in millions (5)&")Tabular dollars in millions (6)&:Tabular dollars in millions (7)<abular dollars in millions (8)&_Tabular dollars in millions (9)&qTabular dollars in million (10)&NTabular dollars in million (11)Statement of Operations"²Statement of Operations (1)&Tabular dollars in million (12)&Tabular dollars in million (13)&WDTabular dollars in million (14)&nTabular dollars in million (15)&Operational highlights Three Mo&1Reconciliation of NonGAAP Measu&Tabular dollars in million (16)RevenuesOperating Expenses&Selling General and Administrat$#Depreciation and Amortization>3Interest ExpenseIncome!2CInterest ExpenseIncome (1)+VOther Items Net!fProvision for Income Taxes&yEquity in Loss of Investee Comp&1Net Earnings from Continuing Op&Net Earnings Loss and Diluted E$WSegment Results of Operations$Segment Results of Operat (1)&Tabular dollars in million (17)
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Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
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CBS CORP10Q
05/04/2018CBS CORPORATION
Delaware
042949533'(State or other jurisdiction of,$(I.R.S. Employer Identification No.)&incorporation or organization)
2*51 W. 52 nd Street, New York, New York~
0((Address of principal executive offices)
(Zip Code)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.K{oWL=PF0*8X>
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Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
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Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
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9
CBS CORP10Q
05/04/2018INDEX TO FORM 10Q
Page&PART I ? FINANCIAL INFORMATION
Item 1.
Financial Statements.
%Consolidated Statements of Operations~
(Unaudited) for the3+Three Months Ended March 31, 2018 and March31, 20170(Consolidated Statements of Comprehensive~
)!Income (Loss) (Unaudited) for the3+Three Months Ended March 31, 2018 and March31, 2017/'Consolidated Balance Sheets (Unaudited)~
at March 31, 2018and December 31, 2017%Consolidated Statements of Cash Flows~
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%&.&&of Results of Operations and Financial''
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,.#.PART II ? OTHER INFORMATION.///0Item 2./0'Unregistered Sales of Equity Securities~
011and Use of Proceeds.2223Item 6.3 Exhibits.~
345$6____________________________17)Created by Morningstar Document Research.08(http://documentresearch.morningstar.com/6lI%tPhDa==PF0*8X>
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9
CBS CORP10Q
05/04/2018:2(Unaudited; in millions, except per share amounts)
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EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }@}$
CBS CORP10Q
05/04/2018#2) STOCKBASED COMPENSATION
Three Months Ended March 31,~
~
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~
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~
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~
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~
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EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }0.}$
CBS CORP10Q
05/04/2018?7(Tabular dollars in millions, except per share amounts)
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Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
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EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }:}$
CBS CORP10Q
05/04/2018*"4) PROGRAMMING AND OTHER INVENTORY
At
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~
~
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~
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~
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EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }0.}$
CBS CORP10Q
05/04/2018Viacom Inc.
At
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~
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~
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~
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Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
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CBS CORP10Q
05/04/2018"6) BANK FINANCING AND DEBT
At
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~
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EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }1}$
CBS CORP10Q
05/04/20184,7) PENSION AND OTHER POSTRETIREMENT BENEFITS
Pension Benefits
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~
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Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
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CBS CORP10Q
05/04/20185Accumulated Other Comprehensive Income (Loss)
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Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
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CBS CORP10Q
05/04/20185Accumulated Other Comprehensive Income (Loss)
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Publishing
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CBS CORP10Q
05/04/20189) INCOME TAXES
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EntertainmentCable Networks
Publishing
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CBS CORP10Q
05/04/2018!10) RESTRUCTURING CHARGES
Balance at
~
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March 31, 2018
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~
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~
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~
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Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
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CBS CORP10Q
05/04/2018!10) RESTRUCTURING CHARGES
Balance at
~
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SettlementsDecember 31, 2017
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~
~
Cable Networks
~
?
~
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~
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~
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Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }1}$ }!
CBS CORP10Q
05/04/2018?7(Tabular dollars in millions, except per share amounts)
Three Months Ended
March 31,~
~
#Financial Statement Account1
)Nondesignated foreign exchange contracts~
~
Other items, net$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*hwk_SGxtL=PF0*8X>
@J
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }U}$
CBS CORP10Q
05/04/2018?7(Tabular dollars in millions, except per share amounts)
At March 31, 2018
Level 1
Level 2
Level 3
TotalAssets:
Foreign currency hedges
$?~
$?~
Total Assets
$?
~
$?
~
Liabilities:
Deferred compensation
$?~
$?~
Foreign currency hedges ?~
. ?~
.Total Liabilities
$?~
$?~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2wk_SGB)=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }U}$
CBS CORP10Q
05/04/2018?7(Tabular dollars in millions, except per share amounts)
At December 31, 2017
Level 1
Level 2
Level 3
TotalAssets:
Foreign currency hedges
$?~
$?~
Total Assets
$?
~
$?
~
Liabilities:
Deferred compensation
$?~
$?~
Foreign currency hedges ?~
* ?~
*Total Liabilities
$?~
$?~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2wk_SG?&y=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }$}$
CBS CORP10Q
05/04/2018+#12) SEGMENT AND REVENUE INFORMATION
Three Months Ended March 31,~
~
Revenues:
Entertainment~
r*~
$Cable Networks~
~
~
Publishing~
~
Local Media~
~~
fCorporate/Eliminations~
~
.Total Revenues~
:~
>4$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6sg[+x"i=PF0*8X>
@
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }!}$
CBS CORP10Q
05/04/2018+#12) SEGMENT AND REVENUE INFORMATION
Three Months Ended March 31,~
~
Intercompany Revenues:
Entertainment~
.~
Local Media~
~
#Total Intercompany Revenues~
B~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0Bsg[6=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }2}$
'
CBS CORP10Q
05/04/2018?7(Tabular dollars in millions, except per share amounts)
Three Months Ended March 31,~
~
(
Segment Operating Income (Loss):
Entertainment~
~
NCable Networks~
~
Publishing~
B~
>Local Media~
~
Corporate~
~
,$Merger and acquisitionrelated costs~
?Operating income~
~
ZInterest expense~
*~
NInterest income~
F~
6Other items, net~
~
2*Earnings from continuing operations before~
R
~
income taxes0(and equity in loss of investee companies"Provision for income taxes~
~
1)Equity in loss of investee companies, net~
~
of tax/'Net earnings from continuing operations~
~
.&Net loss from discontinued operations, ?~
D
lwk_SGhec<] !"#$%&
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }*}$
CBS CORP10Q
05/04/2018?7(Tabular dollars in millions, except per share amounts)
Three Months Ended March 31,~
~
&
Depreciation and Amortization:
Entertainment~
z~
vCable Networks~
~
Publishing~
~
Local Media~
.~
. Corporate~
"~
"+#Total Depreciation and Amortization~
~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6wk_SGhge=PF0*8X>
@
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }$}$
CBS CORP10Q
05/04/2018?7(Tabular dollars in millions, except per share amounts)
Three Months Ended March 31,~
~
!
Stockbased Compensation:
Entertainment~
>~
>Cable Networks~
~
Publishing~
~
Local Media~
~
Corporate~
Z~
J&Total Stockbased Compensation~
~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6wk_SGhlj=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }}$
CBS CORP10Q
05/04/2018?7(Tabular dollars in millions, except per share amounts)
Three Months Ended March 31,~
~
Capital Expenditures:
Entertainment~
F~
:Cable Networks~
~
Publishing~
~
Local Media~
~
Corporate~
~
"Total Capital Expenditures~
z~
n$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6wk_SGh#pn=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }U}$
CBS CORP10Q
05/04/2018?7(Tabular dollars in millions, except per share amounts)
At
AtMarch 31, 2018December 31, 2017Assets:
Entertainment
~
:
~
J
Cable Networks~
~
,
Publishing~
~
*
Local Media~
>~
*?
Corporate/Eliminations~
~
Discontinued operations~
6~
6
Total Assets~
A~
E
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6wk_SG4D4=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }*}$
CBS CORP10Q
05/04/2018?7(Tabular dollars in millions, except per share amounts)
$
Three Months Ended March 31,Revenues by Type~
~
Advertising~
~
+
#Content licensing and distribution:
Programming~
~
Publishing~
~
'Affiliate and subscription fees~
N~
*
Other~
~
Total Revenues~
:~
>4$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4wk_SGon\=PF0*8X>
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05/04/2018?7(Tabular dollars in millions, except per share amounts)
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Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
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CBS CORP10Q
05/04/2018Interest Expense/Income
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EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
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CBS CORP10Q
05/04/2018Other Items, Net
$
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EntertainmentCable Networks
Publishing
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CBS CORP10Q
05/04/2018"Provision for Income Taxes
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EntertainmentCable Networks
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Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
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CBS CORP10Q
05/04/201880Equity in Loss of Investee Companies, Net of Tax
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CBS CORP10Q
05/04/2018ZRNet Earnings from Continuing Operations and Diluted EPS from Continuing Operations
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CBS CORP10Q
05/04/2018+#Net Earnings (Loss) and Diluted EPS
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CBS CORP10Q
05/04/2018%Segment Results of Operations
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CBS CORP10Q
05/04/2018%Segment Results of Operations
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CBS CORP10Q
05/04/2018?7(Tabular dollars in millions, except per share amounts)
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CBS CORP10Q
05/04/2018
Entertainment
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CBS CORP10Q
05/04/2018Cable Networks
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }$4}$ }$}$ }$}$ }
$}$}$
CBS CORP10Q
05/04/2018
Publishing
$
Three Months Ended March 31, Increase/(Decrease)
Publishing~
~
~
%
Revenues~
~
~
~
%
Segment Operating Income~
B~
>~
~
%3+Segment Operating Income as a % of revenues~
* %~
& %
%Depreciation and amortization~
~
$?
? %Capital expenditures~
~
$?
? %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2Yt1J=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }$4}$ }$}$ }$}$ }
}$}$
CBS CORP10Q
05/04/2018Local Media
$
Three Months Ended March 31, Increase/(Decrease)Local Media~
~
~
%
Revenues~
~
~
f
~
~
%
Segment Operating Income~
~
~
~
%3+Segment Operating Income as a % of revenues~
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.~
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=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local MediaFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }y#}$ }
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CBS CORP10Q
05/04/2018 Corporate
$
Three Months Ended March 31, Increase/(Decrease) Corporate~
~
~
%
Segment Operating Loss~
~
~
~
%
%Depreciation and amortization~
"~
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$?
? %Capital expenditures~
~
$?
? %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.u2:vjB=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }*}$ }U}$}$
CBS CORP10Q
05/04/2018Financial Position
At
At
Increase/(Decrease)
March 31, 2018December 31, 2017~
%Current Assets:
!
Cash and cash equivalents
~
N
~
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~
~
B
%
Receivables, net (a)~
;~
9
~
~
+#Programming and other inventory (b)~
~
~
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Prepaid expenses~
~
~
~
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N~
6
~
~
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~
~
%$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4;xl'7NB6=PF0*8X>
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Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
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EntertainmentCable Networks
Publishing
Local Media CorporateFinancial Position!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }}$ }U}$}$
CBS CORP10Q
05/04/2018Financial Position
At
At
Increase/(Decrease)
March 31, 2018December 31, 2017~
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Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }<(}$ }U}$}$
CBS CORP10Q
05/04/2018?7(Tabular dollars in millions, except per share amounts)
At
At
Increase/(Decrease)
March 31, 2018December 31, 2017~
%Current Liabilities:
Accounts payable
~
~
~
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Accrued compensation (a)~
~
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~
~
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B~
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~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }}$ }U}$}$
CBS CORP10Q
05/04/2018?7(Tabular dollars in millions, except per share amounts)
At
At
Increase/(Decrease)
March 31, 2018December 31, 2017~
%Other liabilities (a)~
3~
8
~
z~
%
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/(Twk_SGW^th\4=PF0*8X>
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Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)Investing ActivitiesFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }7}
$
CBS CORP10Q
05/04/2018
Cash Flows
$
Three Months Ended March 31,~
~
Increase/(Decrease)6.Net cash flow provided by operating activities
from:Continuing operations~
6~
~
Discontinued operations ?~
~
^
6.Net cash flow provided by operating activities~
6~
> ~
3+Net cash flow used for investing activities
from:Continuing operations~
~
~
>
Discontinued operations~
~
~
3+Net cash flow used for investing activities~
~
~
3+Net cash flow used for financing activities~
~
~
1)Net decrease in cash and cash equivalents~
~
~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/>C0t9[h]j=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsFinancing Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }$4}$
CBS CORP10Q
05/04/2018Investing Activities
$
Three Months Ended March 31,~
~
/'Investments in and advances to investee~
b~
>
companies (a)Capital expenditures~
~
Acquisitions ?~
+#All other investing activities, net~
~
>
3+Net cash flow used for investing activities~
~
"from continuing operations3+Net cash flow used for investing activities~
~
$from discontinued operations3+Net cash flow used for investing activities~
~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/: vjr&Y3d}=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting Activities!Tabular dollars in million (20)Capital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }U5}$
CBS CORP10Q
05/04/2018Financing Activities
$
Three Months Ended March 31,~
~
1)Repayments of shortterm debt borrowings,~
~
r
net4,Repurchase of CBS Corp. Class B Common Stock~
~
Dividends~
~
3+Payment of payroll taxes in lieu of issuing~
2~
+#shares for stockbased compensation/'Proceeds from exercise of stock options~
B~
+#All other financing activities, net~
~
3+Net cash flow used for financing activities~
~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8vjry=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing ActivitiesCapital Structure!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }7}$
CBS CORP10Q
05/04/2018?7(Tabular dollars in millions, except per share amounts)
Three Months Ended March 31,~
~
6
.Net cash flow provided by operating activities~
6
~
>
Capital expenditures~
~
Less:0(Discretionary pension plan contributions ?~
r%Operating cash flow from discontinued ?~
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~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6wk_SGhYv`=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
Cash FlowsInvesting ActivitiesFinancing Activities!Tabular dollars in million (20)!Company Purchases of Equity Sec!Company Purchases of Equity (1)!Tabular dollars in million (21)U }:}$
CBS CORP10Q
05/04/2018Capital Structure
At
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??FCBS CORPORATIONINDEX TO FORM 10Q!Unaudited in millions except peUnaudited in millions!Unaudited in millions excep (1)Unaudited in millions (1)!Net Earnings Loss per Common Sh2 STOCKBASED COMPENSATION!Tabular dollars in millions exc!4 PROGRAMMING AND OTHER INVENTO
Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
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CBS CORP10Q
05/04/2018.&Company Purchases of Equity Securities
/
'(in millions, except per share amounts)
Total
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Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
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EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
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CBS CORP10Q
05/04/2018.&Company Purchases of Equity Securities
Exhibit No.
Description of Document~
3+Instruments defining the rights of security%holders, including indentures
(a)
%Amended and Restated Senior Indenture7/dated as of November 3, 2008 (?2008 Indenture?)/'between CBS Corporation, CBS Operations1)Inc., and The Bank of New York Mellon, as1)senior trustee (incorporated by reference4,to Exhibit 4.1 to the Registration Statement5on Form S3 of CBS Corporation filed November%3, 2008 (Registration No. 333154962)(File No. 00109553)).(b)6.First Supplemental Indenture to 2008 Indenture:2dated as of April 5, 2010 between CBS Corporation,.&CBS Operations Inc., and Deutsche Bank1)Trust Company Americas, as senior trustee%(incorporated by reference to Exhibit4,4.3 to the Current Report on Form 8K of CBS1)Corporation filed April 5, 2010 (File No.00109553)).DP
lpdX(DB4<UQ !"#$%&'()*+,./0123456789:;<=>? 1 )The other instruments defining the rights!!!3!+of holders of the longterm debt securities"""/"'of CBS Corporation and its subsidiaries###6#.are omitted pursuant to section (b)(4)(iii)(A)$$$6$.of Item 601 of Regulation SK. CBS Corporation%%%0%(hereby agrees to furnish copies of these&&&2&*instruments to the Securities and Exchange''' 'Commission upon request.((((~
))))Material Contracts**(a)6*.Letter Agreement dated April 25, 2018 amending+++1+)the Employment Agreement dated as of June,,,4,,1, 2017 between CBS Corporation and Lawrence!P. Tu ( filed herewith ).~
...1.)Statement Regarding Computation of Ratios////( filed herewith )~
000/0'Rule 13a14(a)/15d14(a) Certifications11(a)41,Certification of the Chief Executive Officer22262.of CBS Corporation pursuant to Rule 13a14(a),33343,or 15d14(a), as adopted pursuant to Section44454302 of the Sarbanes Oxley Act of 2002 ( filed5555herewith ).66(b)46,Certification of the Chief Operating Officer77767.of CBS Corporation pursuant to Rule 13a14(a),88848,or 15d14(a), as adopted pursuant to Section99959302 of the Sarbanes Oxley Act of 2002 ( filed::::herewith ).~
;;;#;Section 1350 Certifications<<(a)4<,Certification of the Chief Executive Officer====%of CBS Corporation furnished pursuant>>>6>.to 18 U.S.C. Section 1350, as adopted pursuant???0?(to Section 906 of the Sarbanes Oxley ActDlXEK));$8DO@ABCDEFGHIJKLMNOPQRSTU@@@'@of 2002 ( furnished herewith ).AA(b)4A,Certification of the Chief Operating OfficerBBBB%of CBS Corporation furnished pursuantCCC6C.to 18 U.S.C. Section 1350, as adopted pursuantDDD0D(to Section 906 of the Sarbanes Oxley ActEEE'Eof 2002 ( furnished herewith ).~
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Viacom Inc6 BANK FINANCING AND DEBT!7 PENSION AND OTHER POSTRETIREM!Accumulated Other Comprehensive!Accumulated Other Comprehen (1)9 INCOME TAXES10 RESTRUCTURING CHARGES10 RESTRUCTURING CHARGES (1)!Tabular dollars in millions (1)!Tabular dollars in millions (2)!Tabular dollars in millions (3)!12 SEGMENT AND REVENUE INFORMAT!12 SEGMENT AND REVENUE INFO (1)!Tabular dollars in millions (4)!Tabular dollars in millions (5)!Tabular dollars in millions (6)!Tabular dollars in millions (7)!Tabular dollars in millions (8)!Tabular dollars in millions (9)!Tabular dollars in million (10)!Tabular dollars in million (11)Statement of OperationsStatement of Operations (1)!Tabular dollars in million (12)!Tabular dollars in million (13)!Tabular dollars in million (14)!Tabular dollars in million (15)!Operational highlights Three Mo!Reconciliation of NonGAAP Measu!Tabular dollars in million (16)
RevenuesOperating Expenses!Selling General and AdministratDepreciation and AmortizationInterest ExpenseIncomeInterest ExpenseIncome (1)Other Items NetProvision for Income Taxes!Equity in Loss of Investee Comp!Net Earnings from Continuing Op!Net Earnings Loss and Diluted ESegment Results of OperationsSegment Results of Operat (1)!Tabular dollars in million (17)
EntertainmentCable Networks
Publishing
Local Media CorporateFinancial PositionFinancial Position (1)!Tabular dollars in million (18)!Tabular dollars in million (19)
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CBS CORP10Q
05/04/20184,(Tabular dollars in millions, except ratios)
Three Months Ended
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